Yes, the contributions can be paid in advance.

All applications for the TBK Al-Ikhtiyar plan are accepted. However, please be advised that pre-existing conditions are excluded from coverage. Participants with pre-existing conditions may still proceed with the participation but in the event of a claim arising from such conditions, the Death benefit shall not be payable.

Yes, the maturity amount is influenced by the payment frequency. Yearly payments typically result in the highest maturity amount (or a lump sum for TBK Al-Ikhtiyar Retirement Income), while monthly payments result in the lowest. This is because the maturity value is based on both the payment frequency and the total contribution amount.

Participants can hold multiple TBK Al-Ikhtiyar certificates. The amount covered increases with each additional certificate held.

The maturity amount will be credited to the Participant’s bank account within two working weeks after the required application form and bank account details have been submitted.

Yes, the Participant may submit a claim in the event of the Person Covered’s death or Total Permanent Disability (TPD), whether the event occurs within Brunei or outside the country, including in the United States of America or other sanctioned countries.

If the Participant passes away along with their parents, the death benefit will be allocated according to Faraid, and Hibah will not apply.

All TBK Al-Ikhtiyar products cover Total Permanent Disability (TPD) up to the end of Period of Takaful.

The smoking status does not affect the pricing of TBK Al-Ikhtiyar base plans, but it does impact the pricing of additional coverages. If the Participant passes away due to smoking, the claim benefit will still be paid out, as smoking is not listed as an exclusion.

The beneficiary will receive the amount covered, along with accumulated savings and profit as Hibah.

Participation in the additional coverage is available only when paired with the TBK Al-Ikhtiyar base product.

Yes, the Period of Takaful for additional coverages under TBK Al-Ikhtiyar can be equal to or shorter than that of the base plan. However, it cannot exceed the Period of Takaful of the base plan.

Prompt payment of contributions is advised to ensure continued takaful coverages. If contributions are not received within the 45-day grace period for yearly, half-yearly, or quarterly payments, or the 31-day grace period for monthly payments, the certificate will lapse and the Participant will be regarded as having surrendered the Contract.